Wells Fargo (NYSE:WFC) has launched a new down payment assistance program.

Wells Fargo Helping With Down Payments

The US lender Wells Fargo (NYSE:WFC) has pledged $9 million to boost a home buying program in St. Paul and Minneapolis.

The NeighborhoodLIFT program will provide qualified homeowners up to $15,000 in the form of down payment assistance.

David Kvamme, Wells Fargo (NYSE:WFC) Minnesota president, said, “It’s an incredibly great time for people to buy homes. Interest rates are down. Prices are down. … But some people don’t have the money to make a down payment”.

Wells Fargo (NYSE:WFC) company shares are currently standing at 34.10.

Price History
Last Price: 34.10
52 Week Low / High: 22.61 / 34.8
50 Day Moving Average: 33.55
6 Month Price Change %: 9.6%
12 Month Price Change %: 38.4%